Fiscal Policy and Institutional Renovation in Support of Innovative Country Building

<p>Since the onset of the twelfth Five-Year Plan China has been at the forefront as an innovative nation based on a carefully designed strategy. Despite this it can be argued that the Chinese government requires a series of more effective and systematic fiscal and taxation policies.</p><p>This book analyses the status quo and possible optimization of China’s fiscal and taxation policies. By drawing comparisons with other countries as well as a practical investigation into the lessons China has drawn from elsewhere the author shows how a nation should make steadily growing and optimized financial investments in science and technology in order to foster the optimum environment for innovation. It is shown that institutional innovation should be a systematic project which involves top-level design and top-down leadership.</p><p>This volume will be a useful reference for students scholars and policy makes who are interested in financial policy.</p>